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Fast. Standardized. Future-ready.
How STREIF transformed finance in just 12 weeks with SAP Cloud ERP
Growth demands a solid foundation. For STREIF, that meant transforming Finance and Order-to-Cash with a future-ready ERP. Together with valantic, the long-established prefabricated home manufacturer implemented SAP Cloud ERP in just 12 weeks, leveraging best practices and standard processes to create a scalable platform for growth.
Michael Peters
Head of IT / Organization / Processes at STREIF
”Implementing SAP Cloud ERP in just three months was an ambitious goal for us. Thanks to our excellent collaboration with valantic, a clear project structure, and a shared commitment to standard processes, we were able to achieve it. Today, we have a modern, future-ready ERP platform that makes our finance processes more efficient, transparent, and scalable.“
Our project at a glance
Challenge
STREIF was working with a legacy ERP landscape that had evolved over time and offered limited scalability. Accounting, controlling, and invoicing processes were not fully digitized, while inconsistent data and manual work made it harder to manage the business efficiently.
Consulting Approach
valantic conducted discovery assessments and fit-to-standard workshops with STREIF. The team then implemented SAP Cloud ERP using valantic’s accelerated implementation approach, with a focus on Finance, proven best practices, and a structured project methodology.
Customer Benefits
After going live on schedule following just 12 weeks of implementation, STREIF now has a future-ready, cloud-based ERP solution with more efficient finance processes and harmonized master data. The system’s flexibility and extensibility also provide a strong foundation for the company’s next steps in digital transformation.
Our client: STREIF Haus GmbH
Founded in 1929 as a specialty company for formwork construction, STREIF Haus GmbH is now one of Germany’s leading manufacturers of prefabricated homes and a pioneer in the industry. While the business focus in the 1950s and 1960s was on the development and production of prefabricated house models that could be manufactured in large quantities, the company has since concentrated on custom-designed and sustainable properties.
Whether a bungalow, single-family home, city villa, townhouse, or multi-family residence—every STREIF property is now designed as an energy-efficient home and built at the company’s headquarters in Weinsheim in the Eifel region. Since 2021, the owner-managed company has been part of the ADCURAM Group and, with approximately 300 employees, generates group revenue of around 150 million euros.
almost 100
years of experience in prefabricated home construction
90,000
homes built for satisfied customers
300
motivated employees
Starting point: Lack of end-to-end digitalization slows down key finance processes
The prefabricated home manufacturer STREIF operates in a challenging market environment characterized by intense competitive pressure, increasing regulatory requirements, and a growing need for transparency and digitalization. Particularly in controlling, finance, and accounting, rapid data availability, audit-compliant processes, and unified corporate management are among the most important factors for success.
STREIF’s previous ERP landscape had been tailored to the company’s individual requirements over the years. Over time, as demands for standardization, automation, and system scalability increased, the need grew for a modern, future-proof ERP platform for accounting, controlling, invoicing, and invoice processing.
STREIF sought a solution that consistently leverages standard processes, provides real-time metrics, and grows alongside the company.
STREIF defined five key project goals
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1
Modern, scalable cloud ERP—implemented fast
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2
Standardized, end-to-end digital finance processes
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3
Less manual effort
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4
Greater transparency and data quality
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5
A platform for continued digital transformation
The solution in detail: Go-live in just 12 weeks
Based on its strategic focus on standardization, innovation, and future-proofing, STREIF chose SAP’s cloud ERP as its new business solution and selected valantic as its partner for the implementation project. valantic stood out, among other things, for
- proven SAP and cloud expertise
- a structured project methodology based on SAP Activate GROW Fast
- and an implementation approach focused on accelerating the rollout of core accounting processes
This approach reduces the complexity of transformation projects and enables a go-live in just twelve weeks.
The project team, consisting of experts from STREIF’s Finance, Sales, and IT departments as well as process and cloud experts from valantic, analyzed STREIF’s existing processes and business priorities and subsequently defined the project scope.
Following the “Fit-to-Standard” workshops for Finance and Order-to-Cash and the process configuration based on best practices, the team set up the system landscape in the cloud solution, assisted STREIF in developing the role and authorization concept as well as in onboarding users, and supported the first monthly closing shortly after go-live.
The migration of data and existing project and account structures from the legacy system required particular care. This included accounting requirements in accordance with International Financial Reporting Standards (IFRS), cost centers, and work breakdown structure (WBS) elements. The conversion of advance payment data and open items was also a sensitive issue, as errors here would have been immediately visible in the balance sheet and customer communications.
It was clear from the start of the project that the go-live had to take place on a fixed date during the summer vacation. In addition, the dedicated core team at STREIF had to manage the migration alongside their day-to-day business operations.
The goal was achieved: STREIF went live with Finance and Order-to-Cash as scheduled; the first monthly closing in the new system followed shortly thereafter.
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The benefits for STREIF at a glance
On-time go-live in 12 weeks, followed by a successful first month-end close
Cloud-based, standardized processes across finance and order-to-cash
Greater efficiency in reporting, month-end close, and account reconciliation
Automated invoice processing with defined approval workflows
Greater visibility into customer orders and key metrics
A solid foundation for future digital transformation
Prepared for evolving regulatory requirements
Rita Terpetschnig
Cloud Solution Advisor and Project Manager at valantic
”STREIF demonstrates how a mid-sized company can successfully adopt SAP Cloud ERP in just a few weeks—with a pragmatic approach, a clearly defined scope, and a strong focus on best practices. We’re proud to have partnered with STREIF to build a scalable foundation for Finance and Controlling, and we look forward to supporting the company on the next steps of its digital transformation.“
What’s next: SAP SuccessFactors and AI
Following the successful implementation of SAP’s cloud-based ERP solution, STREIF now has stable and scalable business software for accounting, controlling, invoicing, and invoice processing. Harmonized master data and defined approval workflows reduce complexity and minimize manual effort, for example, in reporting and month-end closing.
As its next digital transformation project, STREIF has already begun implementing SAP SuccessFactors. The new ERP system serves as the foundation for this—as well as for other future-oriented initiatives, such as the use of Artificial Intelligence in existing processes.
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